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BUSINESS

Mixed Market Close Amidst US-China Trade Truce

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Wall Street experienced a mixed close, with the S&P 500 slightly up (0.1%) despite most stocks declining. Technology companies like Nvidia boosted the index. The Dow fell 0.2%, and the Nasdaq rose 0.7%. American Eagle Outfitters dropped significantly after withdrawing its financial forecast, reflecting broader uncertainty stemming from the US-China trade war truce and economic slowdown. Treasury yields increased. While the market has recovered from earlier losses, concerns remain about inflation and future economic performance.

Prepared by Christopher Adams and reviewed by editorial team.

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